Visakhapatnam receives Rs 8 bn for rail infrastructure upgrades
RAILWAYS & METRO RAIL

Visakhapatnam receives Rs 8 bn for rail infrastructure upgrades

Ashwini Vaishnaw, the Union Minister for Railways, has revealed that an allocation of approximately Rs 8 billion has been assigned to Visakhapatnam for diverse railway infrastructure undertakings this year. This disclosure came as a response to an inquiry posed by GVL Narasimha Rao, a member of the Rajya Sabha from the Bharatiya Janata Party (BJP).

The newly approved projects encompass:
1. The development of the 3rd and 4th railway lines spanning a distance of 15.3 km between Visakhapatnam and Gopalapatnam, with a financial outlay of Rs 1.59 billion.
2. The initiation of a new railway line project involving the 3rd and 4th lines stretching across 20.543 km between Duvvada and Simhachalam North, with a sanctioned budget of Rs 3.02 billion.
3. The establishment of a fresh railway line project comprising the 3rd and 4th lines covering a length of 12.04 km between Vadlapudi and Gate Junction cabin, including a tie line connecting Gangavaram Port and Visakhapatnam Steel Plant. The funding allotted for this project amounts to Rs 1.54 billion.
4. The authorisation of a flyover construction connecting Pendurthi and Simhachalam North at Simhachalam, spanning a distance of 7.135 km. This endeavor has been allocated Rs 1.83 billion.

The Minister underscored that these initiatives have been sanctioned to mitigate capacity constraints, alleviate train delays, and accommodate the anticipated growth in traffic in the Visakhapatnam region. The process of procuring land for these ventures has already been set in motion.

Ashwini Vaishnaw, the Union Minister for Railways, has revealed that an allocation of approximately Rs 8 billion has been assigned to Visakhapatnam for diverse railway infrastructure undertakings this year. This disclosure came as a response to an inquiry posed by GVL Narasimha Rao, a member of the Rajya Sabha from the Bharatiya Janata Party (BJP). The newly approved projects encompass: 1. The development of the 3rd and 4th railway lines spanning a distance of 15.3 km between Visakhapatnam and Gopalapatnam, with a financial outlay of Rs 1.59 billion. 2. The initiation of a new railway line project involving the 3rd and 4th lines stretching across 20.543 km between Duvvada and Simhachalam North, with a sanctioned budget of Rs 3.02 billion. 3. The establishment of a fresh railway line project comprising the 3rd and 4th lines covering a length of 12.04 km between Vadlapudi and Gate Junction cabin, including a tie line connecting Gangavaram Port and Visakhapatnam Steel Plant. The funding allotted for this project amounts to Rs 1.54 billion. 4. The authorisation of a flyover construction connecting Pendurthi and Simhachalam North at Simhachalam, spanning a distance of 7.135 km. This endeavor has been allocated Rs 1.83 billion. The Minister underscored that these initiatives have been sanctioned to mitigate capacity constraints, alleviate train delays, and accommodate the anticipated growth in traffic in the Visakhapatnam region. The process of procuring land for these ventures has already been set in motion.

Next Story
Products

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Next Story
Infrastructure Energy

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Next Story
Infrastructure Energy

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation  and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India.   The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?